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Double tops and bottoms

5

This indicator finds the "Double Bottom" and "Double Top" technical analysis patterns, shows them on the chart of the currency pair and can signal if the pattern was formed recently. These patterns are reversal, often after the emergence of the trend turns back or a correction occurs. In order not to search for them yourself, it is enough to add the indicator to the chart, after that, you can change different timeframes in order to quickly find such figures on one of the timeframes. There are some indicator settings for searching on different currency pairs (if the indicator does not find a pattern, you may need to change some settings). Also, you can change the color of reversal patterns, as well as enable the display of lines of not fully formed patterns.

Parameters

  • History - the number of bars to search for patterns on the chart;
  • ExtremCountBars - The number of bars to search for extremums, for example, highs at the 2nd peak (3-40 is recommended);
  • MinExtremDist - The minimum number of bars between 2 extremums (2-12 is recommended);
  • MaxExtremDist - Maximum number of bars between 2 extremums (10-50 is recommended);
  • MultipleVerticesFilter - Filtering to find "extra" highs or lows (if enabled, there should be only 2 tops or bottoms);
  • PriceDeviations - The maximum deviation of the price of a currency pair of two extremes (the larger this value, the more the figure may turn out to be a curve, but it will be found more often);
  • PriceChangeBefore - How much the value of the price change before the pattern should be less than the size of the pattern itself (recommended from 1 to 2.5);
  • DrawUnfinishedPatterns - Draw unfinished patterns (lines on the chart that show that a pattern could have been formed);
  • EnableAlert - enable alerts when a pattern appears and breaks out;
  • AlertPeriodBars - The number of bars after which the alert can appear again;
  • MaximumFigureShiftForAlert - Maximum distance of the figure from the current bar for the alert to appear;
  • NeutralLinesClr - Color of neutral lines (shown when the DrawUnfinishedPatterns parameter is enabled);
  • FinalBuyPatternClr - Line color of the completed buy shape;
  • FinalSellPatternClr - Line color of the completed sell shape.

Avis 4
gnanos123
535
gnanos123 2024.02.08 22:57 
 

Thanks for the free indicator

Sergey Demin
10783
Sergey Demin 2023.08.24 13:23 
 

Спасибо, отличная работа!

John Winsome Munar
3471
John Winsome Munar 2022.06.16 01:05 
 

Good tops and bottoms indicator

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Stephen Sanjeeve Sahayam
5 (3)
Cet indicateur examine chaque barre pour la pression d'achat ou de vente et identifie 4 types de modèles de bougies avec le volume le plus élevé. Ces bougies sont ensuite filtrées à l'aide de plusieurs filtres linéaires pour afficher les signaux d'achat ou de vente. Les signaux fonctionnent mieux, en conjonction avec une direction temporelle plus élevée et lorsqu'ils sont négociés pendant les heures de volume élevé. Tous les filtres sont personnalisables et fonctionnent indépendamment. Peut aff
ACTUELLEMENT 31% DE RÉDUCTION ! ! La meilleure solution pour tout débutant ou Expert Trader ! Cet indicateur est un outil de trading unique, de haute qualité et abordable car nous avons incorporé un certain nombre de caractéristiques exclusives et une formule secrète. Avec seulement UN graphique, il donne des alertes pour les 28 paires de devises. Imaginez comment votre trading s'améliorera parce que vous serez capable de repérer le point de déclenchement exact d'une nouvelle tendance ou d'
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Mohamed Hassan
5 (15)
Cet indicateur est très puissant lorsqu'il est combiné avec notre autre indicateur appelé Katana. Après l'achat, envoyez-nous un message et vous pourrez obtenir Katana GRATUITEMENT en BONUS  ! Le prix augmentera bientôt à 149$ ! Ne manquez pas le prix courant à 65$ ! L'indicateur de prévision de tendance est un outil très unique et simple qui est capable de prédire les mouvements futurs des prix en fonction des signaux générés par MACD. Cela vous aide à avoir une estimation des domaines dans
Dessine automatiquement les niveaux de support et de résistance PLUS les écarts des bougies de propulsion sur votre graphique, afin que vous puissiez voir où le prix est susceptible de se diriger ensuite et/ou de s'inverser potentiellement. Cet indicateur est conçu pour être utilisé dans le cadre de la méthodologie de trading de position enseignée sur mon site web (The Market Structure Trader) et affiche des informations clés pour le ciblage et les entrées potentielles. L'indicateur comport
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Guner Koca
4.67 (9)
up-down indicator is no repaint and works all pairs and lower than weekly time frames charts. it is suitable also 1 m charts for all pairs. and hold long way to signal. dont gives too many signals. when red histogram cross trigger line that is up signal.and price probably will down when blue histogram cross trigger line that is down signal.and price probably will go up. when the signals not seen press + button on terminal . too see weekly chart because of low data on chart ,it needs to lower p
How to use Pair Trading Station Pair Trading Station is recommended for H1 time frame and you can use it for any currency pairs. To generate buy and sell signal, follow few steps below to apply Pair Trading Station to your MetaTrader terminal. When you load Pair Trading Station on your chart, Pair Trading station will assess available historical data in your MetaTrader platforms for each currency pair. On your chart, the amount of historical data available will be displayed for each currency pai
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Alexander Nikolaev
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Alexander Nikolaev
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Alexander Nikolaev
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Alexander Nikolaev
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The indicator determines and plots price channels or lines, reading information from multiple timeframes (from current, second and third) simultaneously. Color and width of lines for each timeframe can be customized. It is also possible to set different distance between the Highs and Lows for plotting channels or lines. Parameters History - maximum number of bars to plot channels or lines; Distance - minimum distance from one High (or Low) to another when plotting lines; Shift - shift for seve
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gnanos123
535
gnanos123 2024.02.08 22:57 
 

Thanks for the free indicator

Sergey Demin
10783
Sergey Demin 2023.08.24 13:23 
 

Спасибо, отличная работа!

John Winsome Munar
3471
John Winsome Munar 2022.06.16 01:05 
 

Good tops and bottoms indicator

joseverasay
284
joseverasay 2022.05.02 16:18 
 

Buen indicador gracias

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